Obama Names Mary Jo White Next SEC Chair, Keeps Richard Cordray Head Of CFPB

What's Next In Payments®
3:29 PM EST January 24th, 2013

President Obama has named Mary Jo White as the next chair of the Securities and Exchange Commission (SEC) and Richard Cordray as head of the Consumer Financial Protection Bureau, according to TIME.

White spent nearly a decade as the U.S. attorney in Manhattan and is viewed as a tough prosecutor who will continue the Obama administration’s policy of tough legislation against big banks. Cordray ran the CFPB last year and has overcome Republican opposition to remain in his position.

Read the full story.

Comments
Also by This Author
What's Hot
Alternative Financial Services
Silk Road Collaborator Sentenced To Two Years
Merchant Innovation
Rent-The-Runway Raises $60M, Eyes Real-World Commerce
Merchant Innovation
Target Restructures to Boost Business Intelligence
Europe
UK Payments Council: Let’s Add More Data To Electronic Payments
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
International
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
Karen Webster
What Payments Will Look Like In 2015
Alternative Financial Services
Silk Road Collaborator Sentenced To Two Years
Merchant Innovation
Rent-The-Runway Raises $60M, Eyes Real-World Commerce
Financial Inclusion
Giving Goes Mobile
View All Articles ››